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COMM News and Press, CommScope Holding Company Inc. From 08/03/23

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Company Name: CommScope Holding Company Inc.
Stock Symbol: COMM
Market: NASDAQ
Website: commscope.com

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COMM - YELL, TUP and NEON among pre-market losers

2023-08-03 09:05:43 ET Aravive ( ARAV ) -58% announces top-line results from phase 3 AXLerate-OC study of batiraxcept in patinum-resistant ovarian cancer. Vicarious Surgical ( RBOT ) -41% on pricing $45M offering . DXC Technology Company ( DXC ) -24% ...

COMM - CommScope Non-GAAP EPS of $0.19 misses by $0.19, revenue of $1.92B misses by $110M

2023-08-03 06:32:49 ET CommScope press release ( NASDAQ: COMM ): Q2 Non-GAAP EPS of $0.19 misses by $0.19 . Revenue of $1.92B (-16.5% Y/Y) misses by $110M . Shares +3.39% PM. For further details see: CommScope Non-GAAP EPS of $0.19 misses by $0.19...

COMM - CommScope Reports Second Quarter 2023 Results

Second Quarter Highlights Net sales of $1.918 billion Core net sales of $1.589 billion* GAAP net loss of $100.4 million Non-GAAP adjusted EBITDA of $259.5 million Core adjusted EBITDA of $262.5 million* Cash flow generated by operations of $136.8 million and non-GAAP a...

COMM - CommScope Q2 2023 Earnings Preview

2023-08-02 16:11:18 ET CommScope ( NASDAQ: COMM ) is scheduled to announce Q2 earnings results on Thursday, August 3rd, before market open. The consensus EPS Estimate is $0.38 (-7.3% Y/Y) and the consensus Revenue Estimate is $2.03B (-11.7% Y/Y). Over the last 2 years,...

COMM - CommScope Announces Fiber Cable Manufacturing Expansion in North Carolina

$60.3 million investment will help bring broadband services to underserved and rural communities throughout the U.S. CommScope ® (NASDAQ: COMM), a global leader in network connectivity, announced today the company plans to invest $60.3 million over the next four years to expand...

COMM - CommScope stock dips after Deutsche Bank cuts to Hold

2023-07-18 08:39:35 ET CommScope ( NASDAQ: COMM ) was downgraded by Deutsche Bank to Hold from Buy and reduced its price target to $6 from $8. Deutsche analysts noted that lingering pressure on customer orders, with recent data points (  ( ERIC )/ Nokia ( NO...

COMM - CommScope to Release Second Quarter 2023 Financial Results on August 3

CommScope Holding Company, Inc., a global leader in network connectivity, plans to release its second quarter 2023 financial results on Thursday, August 3, before the market opens. The release will be followed by an 8:30 a.m. Eastern conference call in which management will discuss the results. ...

COMM - CommScope: Navigating 5G Market Trends For Growth

2023-07-10 09:42:15 ET Summary CommScope is expected to benefit from market tailwinds such as the rollout of 5G networks, expansion of broadband access, and the convergence of Wi-Fi and cellular in the enterprise space. The company's Network Cable & Connectivity segment has a ...

COMM - CommScope's CEO Attends White House Event on Broadband Access for All

CommScope is committed to bringing affordable reliable internet service to underserved communities Chuck Treadway, CEO of CommScope (NASDAQ: COMM), attended a White House event this morning to represent leaders in fiber-optic cable manufacturing. At the event, President Biden and Vi...

COMM - RUCKUS One Delivers AI-driven, Unified Management of Multi-Access Public and Private Networks Enabling Channel Partners to Deliver Turn-key Network as a Service Solutions

RUCKUS Networks introduces AI-driven Assurance and Service Delivery Platform, NaaS Solution and Suite of Converged Networks. CommScope (NASDAQ: COMM) announced today three new RUCKUS Networks solutions that together offer enterprises and service providers new ways to deploy, manage ...

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